Latest Foreign Exchange (Forex) News
Nigeria’s Remittances Hit All-Time High Of $1.3Bn In February – CBN
The Central Bank of Nigeria (CBN) has reported that remittances into the…
Bank Of Ghana Suspends GTB Ghana, First Bank Ghana’s FX Trading Licences
….First Bank Says FX Licence Suspension Issues Will Be Resolved The Bank…
Naira Loses Gain Momentum, Trades N1,630/$1 At Black Market
The Naira depreciated against the US dollar at the parallel foreign exchange…
Fuel, Electricity Tariff Price Caps May Fiscally Cost Nigeria 3% Of GDP In 2024 – IMF
The International Monetary Fund (IMF) has warned that price caps on fuel…
70% Of Nigeria’s Financial Crimes Connected To Banks – EFCC
The Economic and Financial Crimes Commission (EFCC), has disclosed that approximately 70%…
Obaseki Expresses Concern Over Latest CBN’s Policies
Governor of Edo State, Godwin Obaseki, has expressed some concerns about some…
CPPE Seeks Review Of EEL Policy To Support Businesses
The Centre for the Promotion of Private Enterprise (CPPE), a frontline private…
CBN Revokes 4,173 BDC Operators’ Licences Over Regulatory Infractions
The Central Bank of Nigeria (CBN) , in exercise of the powers…
FG Slams $10Bn Fine On Binance Over Illegal FX Transactions
The Federal Government has imposed a $10 billion fine on crypto trading…
CBN To Offset FX Backlog Amid Improved FX Inflows
The Central Bank of Nigeria (CBN) has said it would soon clear…